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Your challenge in this assignment is to create an event budget that will result in a positive ROI (Return on Investment) The fictional scenario for
Your challenge in this assignment is to create an event budget that will result in a positive ROI (Return on Investment) The fictional scenario for this event is that your client has asked you to plan a gala dinner to celebrate the Chinese New Year. The event will be held at a venue that holds a maximum capacity of 500 people for dinner and costs a very reasonable $500 to rent for the evening. They expect a gala event with food, entertainment and décor and their budget is $40,000. This means their expenses cannot exceed $40,000. However, they do expect to make a profit and keep that profit to help fund next year's event! Can you help them by creating a budget that reflects their needs? Task 1. List all your expected expenses and the budget for each category 2. List all your proposed sources of revenue 3. Create a budget template in Excel you can use to summarize your revenues and expenses. There are multiple examples of event budgets in the Week 8 module to help guide you. Different events have different budget needs so it is up to you to determine the most suitable categories for your budget
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